PENGARUH KENDALI KELUARGA TERHADAP PENGUNGKAPAN SUKARELA DENGAN INDEPENDENSI DEWAN KOMISARIS DAN KEPEMILIKAN INSTITUSIONAL SEBAGAI PEMODERASI

Abstract

This study aims to examine the influence of family control of the company voluntary disclosure. Research was also conducted to analyze how corporate governance mechanism which is represented by the variable independence of commissioners and instutusional ownership may moderate the relationship between dependent and independent variables. Four control variables used in this study are firm size, leverage, external auditors, and ROA. The population in this study consists of all non-financial companies listed on the Indonesia Stock Exchange in year 2013. The sampling method used in this study was purposive sampling. There are 132 companies that become sampel of this study. The analysis technique used is the cross-sectional regression analysis. The results show that family control has negatively significant to voluntary disclosure. Tests on corporate governance mechanism show that the independence of the board of directors and institutional ownership is positively moderates the effect of family control on the voluntary disclosure.